265 Neptune Ave
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2019 | Sold | ||
| Sold | |||
| May 1, 2019 | Listed by Berkshire Hathaway HomeService | $2,850,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Stunning, contemporary masterpiece, just steps away from Stonesteps beach access. A sophisticated, extensive remodel was completed in 2018 w/ ultra high end materials w/ supreme attention to detail. Amazing home for entertaining w/ La Cantina Doors flooding the home with natural light on both levels creating an indoor-outdoor lifestyle. Open, creative floor plan. Gourmet kitchen with 9' Tamarind wood dining area. Stroll to Encinitas coffee shops, restaurants & beaches. Must see the Professional Video Click on "D" to see COMPLETE LIST OF IMPROVEMENTS & click Virtual Tour to see the video. Stunning Custom Beach Home, originally designed by Jennifer Luce. Complete interior remodel and upgraded exterior completed in 2018. Open floor plan, lives like a single level, fabulous gourmet kitchen, Wolf appliances, new cabinets with blum drawer and handleless system, subzero refrigerator 54" wide with wine fridge, 9' Tamarind wood island in the dining area, dumbwaiter to lower level bar area, Lynx BBQ off kitchen. Check out the hidden TV behind art in the living and master bedroom. First floor is all tile flooring and downstairs is poured concrete. Don't miss the custom walk-in closet in the master bedroom, spa like bath and large private deck. Downstairs area, huge entertaining area with a custom bar, Cantina doors to private yard with 6 person spa, fire pit, waterfall. Weight room is the 3rd bedroom. 2.5 car garage with storage, Tesla supercharger. New plumbing & Electrical. Enjoy the good life at this premiere coastal home!. Neighborhoods: Leucadia Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Apr 9, 2014 | Sold | ||
| Sold | |||
| Jan 1, 2014 | Listed by Pacific Sotheby's Int'l Realty | $1,799,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017